Glencore plc (8GC.F)
| Previous close | 5.51 |
| Open | 5.48 |
| Bid | 0.00 x 2000000 |
| Ask | 0.00 x 2000000 |
| Day's range | 5.34 - 5.59 |
| 52-week range | 4.08 - 6.51 |
| Volume | |
| Avg. volume | 44,868 |
| Market cap | 70.483B |
| Beta (5Y monthly) | 1.45 |
| PE ratio (TTM) | 4.48 |
| EPS (TTM) | 1.21 |
| Earnings date | N/A |
| Forward dividend & yield | 0.25 (4.61%) |
| Ex-dividend date | 01 Sept 2022 |
| 1y target est | N/A |
- Zacks
Glencore PLC (GLNCY) Moves to Buy: Rationale Behind the Upgrade
Glencore PLC (GLNCY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- Financial Times
China commodity trader woe a setback for Glencore
The slowdown in the Chinese economy and the downturn in the real estate market have caught out several domestic trading houses, leading to a string of recent scandals including missing copper at warehouses. Glencore was selling about 600,000 tonnes a year of high purity copper into China through Maike, before the Xi’an-based trading group ran into liquidity constraints, according to people familiar with the matter.
- Bloomberg
Mega-Polluting Coal Plans Clash With Australia’s Climate Goals
(Bloomberg) -- A proposed pipeline of coal mine projects in Australia, the world’s second-biggest exporter of the fuel, are threatening to lock in decades of new carbon emissions and challenge the country’s promises of bolder climate action.Most Read from BloombergJohn Paulson on Frothy US Housing Market: This Time Is DifferentUK Market Selloff Slams Gilts, Pound, Piling Pressure on BOEBank of England Says Paper Banknotes Only Good for One More WeekThe Great Bond Bubble Is ‘Poof, Gone’ in Worst
